Netflix Prices About To Rise For Millions
LOS GATOS, Calif. (CBS) – Don't be surprised if you're suddenly paying more for Netflix next month.
CBS MoneyWatch reports that the streaming video service will soon charge all U.S customers the same price.
Fellow binge-watchers: @netflix prices going up to $9.99/mo for existing customers in May. ????
— Jill Wagner (@jillwagnerTV) April 8, 2016
New customers have been paying a rate of $9.99 a month since last year.
But existing customers (about 17 million people) were grandfathered into the older price of $7.99 a month.
They'll be paying $2 more a month when the changes take effect in May.